Brief: Answear.com Prelim Q1 Sales Revenue Up At 175 Mln Zlotys

Answear.Com SA

06/04/2022 06:52

April 6 (Reuters) - Answear.com SA  ANRP.WA :
    * REPORTED ON TUESDAY PRELIMINARY Q1 SALES REVENUE AT 175
MILLION
ZLOTYS, UP 42% Y/Y
    * PRELIMINARY Q1 ONLINE SALES AT 166 MILLION ZLOTYS, UP 32%
Y/Y
    * SITUATION IN UKRAINE HAD SIGNIFICANT IMPACT ON SALES
LEVELS
AFTER FEBRUARY 24
    * DELIVERIES IN UKRAINE WERE HALTED AND BUYER SENTIMENT ON
OTHER
MARKETS DROPPED, ESPECIALLY DURING FIRST TWO WEEKS OF CONFLICT,
CAUSING SIGNIFICANT IN NUMBER OF ORDERS
    * SALES AT END-MARCH RETURNED TO LEVELS COMPARABLE TO
INITIAL
PLANS, EXCLUDING UKRAINIAN MARKET
    * SALES IN UKRAINIAN MARKET AMOUNTED TO 17% OF TOTAL SALES
IN 2021

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM4kTt93a
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